ALPHABET SOUP AGENCIES
description
Transcript of ALPHABET SOUP AGENCIES
![Page 1: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/1.jpg)
ALPHABET SOUP AGENCIESWe now know FDR was a progressive president….
Progresso?...eh?...anyone?....
He developed TONS of new agencies to help achieve his 3 New Deal Goals:A. Jobs for the joblessB. Fix the economyC. Prevent another depression
![Page 2: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/2.jpg)
There are A LOT of these… use your handy-dandy grid that I’ve created for you to help with
studying/ understanding.
![Page 3: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/3.jpg)
In 1933 when FDR took office, 13,000,000 Americans were out of work!
• Civilian Conservation Corps (CCC): hired unemployed single men 18-25
• For $1 a day, they planted trees, built bridges, worked on flood-control projects, parks
• Conserved natural resources & gave jobs to young people
![Page 4: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/4.jpg)
Works Progress Administration (WPA): 1935 – put the jobless to work
• Making clothes & building hospitals, schools, parks, playgrounds, and airports
• Hired artists, photographers, actors, writers & composers to entertain & educate the public
• WPA writers collected information about American life, folklore & traditions
![Page 5: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/5.jpg)
Promoting RecoveryTo bring recovery, the President had to boost
industry & farming
![Page 6: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/6.jpg)
Helping Industry• Overproduction & declining prices had been a major
cause of the depression• Low prices had caused businesses to fail & had
caused high unemployment rates
![Page 7: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/7.jpg)
National Industrial Recovery Act (NIRA): each industry wrote a code, or a set of rules & standards for production, wages, prices & working conditions
• The NIRA tried to end price cutting & firings
![Page 8: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/8.jpg)
To enforce the new codes, Congress set up the
National Recovery Administration (NRA)
– Companies that followed the NRA codes stamped a blue eagle on their products
– The gov’t encouraged people to business only with companies displaying the eagle
– This caused competition between companies
![Page 9: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/9.jpg)
The NIRA also set up the Public Works Administration
(PWA): promoted recovery by hiring workers for thousands of public works projects
• Workers built dams, schools, aircraft carriers for the navy
![Page 10: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/10.jpg)
Helping Farmers• On farms, overproduction remained the major problem• Surpluses kept prices and farmers’ incomes low• Surplus: when company or farm produce more than they
can sell
![Page 11: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/11.jpg)
Agricultural Adjustment Act (AAA): gov’t paid farmers NOT to grow certain crops
– Roosevelt hoped that with smaller harvests, laws of supply & demand would cause prices to rise
– By limiting the amount of “available” options, people would pay more lump sums for staple crops
![Page 12: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/12.jpg)
The gov’t paid for farmers to plow surplus crops under the soil & destroy surplus cows & pigs
– People thought this was crazy when people in cities were starving
– The plan was necessary to help farmers recover & keep them growing food
![Page 13: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/13.jpg)
Rural Electrification Administration (REA): help people in rural areas get the same
electrical service as people in urban areas
– Provided $$ to extend electric lines to rural areas
– # of farms with electricity rose from 10-25%
– Electricity helped to save many farms from ruin• Refrigeration – dairy farmers
could keep milk & eggs longer
![Page 14: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/14.jpg)
Tennessee Valley Authority (TVA): set out to remake the Tennessee River Valley – a vast region
that had suffered from terrible floods that had caused ½ of the areas farms & families to fail
• 49 dams were built in 7 states – also produced cheap electric power
• The TVA deepened river channels for shipping• Planted new forests to conserve soil• Developed new fertilizers to improve farmland• Set up schools & health centers• Result: transformed a region of desperation & poverty into
a prosperous & productive area
![Page 15: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/15.jpg)
Preventing Another Depression• During the Hundred Days, Congress passed
laws regulating the stock market & banking system
![Page 16: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/16.jpg)
Truth-in-Securities Act: end the risky buying/ selling of stocks in the hope of making a quick profit
![Page 17: ALPHABET SOUP AGENCIES](https://reader036.fdocuments.net/reader036/viewer/2022081418/56814527550346895db1edc0/html5/thumbnails/17.jpg)
Federal Deposit Insurance Corporation (FDIC): Insured savings accounts in banks approved by the gov’t – if a bank insured by the FDIC failed, the gov’t would make sure depositors
received their $$